Owning a luxury resort residence at a fraction of the real cost involved
Fractional Ownership and the Private Residence Club concept are amongst the fastest growing sectors of the tourism, real estate and hospitality industries worldwide with the number of identified resorts offering these products worldwide increasing by 39% in 2006
Fractional ownership gives you the full enjoyment and satisfaction of owning an elegant vacation home along with the services of a first-class hotel – without the high cost of entry and many of the usual responsibilities associated with owning a traditional vacation home. As an owner, you will own a titled, deeded piece of real estate that is valid in perpetuity, and may be willed or sold. This means that the equity held by fractional owners provides a secure, transferable and potentially appreciating investment in perpetuity.
What are the advantages of Fractional Ownership?
- Owners benefit of second home ownership but at fraction of the cost and without maintenance responsibilities
- Asset appreciation as fractionals offer deeded property, with the same rights as any other real estate purchase
- Owners enjoy services equivalent to a five star hotel that are not usually available to second home owners.
- Minimisation of running costs in relation to usage
- Many are affiliated with luxury hotel companies
- Exchange options available
- There is an established re-sell market
Fairmont Ghirardelli Square, San Francisco
Apartments : From US$262,378
Fairmont Heritage Place, Ghirardelli Square represents one of San Francisco's most distinctive and exciting new options for prestigious second home ownership offering views of the San Francisco Bay that simply take your breath away
Read more...Bom Sucesso, The Silver Coast, Obidos
Villas : Full ownership from €544,460 / Fractional ownership from €141,000
Bom Sucesso a landmark golf and spa real estate development designed by 23 leading architects, all within a five star resort on Portugal’s Silver Coast
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